Independent Contractor

NAR opposes any erosion of the statutory provision of the the Internal Revenue Code Section 3508, which provides clear directives about how a real estate broker may classify his/her sales agents as independent contractors.

For brokers who classify their real estate salespeople as independent contractors, having a written independent contractor agreement is a fundamental element of successfully managing this relationship. Consider these helpful provisions for your independent contractor agreements.

This video gives an overview of the legal distinction between an “independent contractor” and an “employee” and discusses various state and federal laws concerning this distinction that pertain to real estate professionals.